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NASDAQ:PENN - Penn National Gaming Stock Price, Forecast & News

$28.65
-1.01 (-3.41 %)
(As of 02/28/2020 04:20 AM ET)
Today's Range
$27.46
Now: $28.65
$30.36
50-Day Range
$25.26
MA: $31.04
$38.28
52-Week Range
$16.72
Now: $28.65
$39.18
Volume7.15 million shs
Average Volume2.99 million shs
Market Capitalization$3.32 billion
P/E Ratio77.43
Dividend YieldN/A
Beta1.78
Penn National Gaming, Inc owns and manages gaming and racing facilities, and operates video gaming terminals with a focus on slot machine entertainment. The company operates through four segments: Northeast, South, West, and Midwest. As of December 31, 2018, it owned, managed, or had ownership interests in 40 facilities in 18 jurisdictions. The company was formerly known as PNRC Corp. Read More…

Industry, Sector and Symbol

Industry Hotels & motels
Sub-IndustryCasinos & Gaming
SectorConsumer Discretionary
Current SymbolNASDAQ:PENN
CUSIP70756910
Phone610-373-2400

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.30 billion
Cash Flow$3.53 per share
Book Value$6.15 per share

Profitability

Net Income$43.90 million

Miscellaneous

Employees25,750
Market Cap$3.32 billion
Next Earnings Date5/7/2020 (Estimated)
OptionableOptionable

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Penn National Gaming (NASDAQ:PENN) Frequently Asked Questions

What is Penn National Gaming's stock symbol?

Penn National Gaming trades on the NASDAQ under the ticker symbol "PENN."

How will Penn National Gaming's stock buyback program work?

Penn National Gaming announced that its board has authorized a stock repurchase plan on Wednesday, January 9th 2019, which allows the company to repurchase $200,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 7.1% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's management believes its shares are undervalued.

How were Penn National Gaming's earnings last quarter?

Penn National Gaming, Inc (NASDAQ:PENN) posted its quarterly earnings results on Thursday, February, 6th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.33. The firm earned $1.34 billion during the quarter, compared to analysts' expectations of $1.35 billion. Penn National Gaming had a net margin of 0.83% and a return on equity of 2.32%. The business's quarterly revenue was up 16.1% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.37) EPS. View Penn National Gaming's Earnings History.

When is Penn National Gaming's next earnings date?

Penn National Gaming is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Penn National Gaming.

What price target have analysts set for PENN?

9 equities research analysts have issued 1 year price objectives for Penn National Gaming's stock. Their forecasts range from $23.00 to $44.00. On average, they anticipate Penn National Gaming's share price to reach $33.67 in the next twelve months. This suggests a possible upside of 17.5% from the stock's current price. View Analyst Price Targets for Penn National Gaming.

What is the consensus analysts' recommendation for Penn National Gaming?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Penn National Gaming in the last year. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Penn National Gaming.

Has Penn National Gaming been receiving favorable news coverage?

Headlines about PENN stock have been trending extremely negative on Friday, InfoTrie Sentiment reports. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Penn National Gaming earned a news sentiment score of -4.4 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Penn National Gaming.

Are investors shorting Penn National Gaming?

Penn National Gaming saw a increase in short interest during the month of February. As of February 14th, there was short interest totalling 9,590,000 shares, an increase of 20.0% from the January 30th total of 7,990,000 shares. Based on an average daily trading volume, of 1,850,000 shares, the days-to-cover ratio is currently 5.2 days. Currently, 8.8% of the company's shares are short sold. View Penn National Gaming's Current Options Chain.

Who are some of Penn National Gaming's key competitors?

What other stocks do shareholders of Penn National Gaming own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Penn National Gaming investors own include Netflix (NFLX), AT&T (T), Energy Transfer LP Unit (ET), Walt Disney (DIS), Las Vegas Sands (LVS), NVIDIA (NVDA), Twitter (TWTR), Activision Blizzard (ATVI), Alibaba Group (BABA) and Advanced Micro Devices (AMD).

Who are Penn National Gaming's key executives?

Penn National Gaming's management team includes the folowing people:
  • Mr. Timothy J. Wilmott, CEO & Director (Age 60)
  • Mr. Jay A. Snowden, Pres & COO (Age 43)
  • Mr. William J. Fair, Exec. VP of Fin., CFO & Treasurer (Age 56)
  • Mr. Carl Sottosanti, Exec. VP, Gen. Counsel & Sec. (Age 54)
  • Ms. Christine LaBombard, Sr. VP & Chief Accounting Officer (Age 49)

Who are Penn National Gaming's major shareholders?

Penn National Gaming's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include FMR LLC (8.99%), Bamco Inc. NY (8.13%), State Street Corp (2.93%), Bank of New York Mellon Corp (2.34%), Eagle Asset Management Inc. (2.26%) and Bank of America Corp DE (2.06%). Company insiders that own Penn National Gaming stock include Carl Sottosanti, David A Handler, Jane Scaccetti, Jay A Snowden, Peter M Carlino, Ronald J Naples, Saul Reibstein, Timothy J Wilmott and William J Fair. View Institutional Ownership Trends for Penn National Gaming.

Which institutional investors are selling Penn National Gaming stock?

PENN stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Eagle Asset Management Inc., Bamco Inc. NY, Western Standard LLC, Victory Capital Management Inc., 1060 Capital LLC, Goldman Sachs Group Inc. and Bank of New York Mellon Corp. View Insider Buying and Selling for Penn National Gaming.

Which institutional investors are buying Penn National Gaming stock?

PENN stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, Great Lakes Advisors LLC, Peregrine Capital Management LLC, California Public Employees Retirement System, Bank of America Corp DE, LSV Asset Management, Earnest Partners LLC and UBS Group AG. Company insiders that have bought Penn National Gaming stock in the last two years include David A Handler, Jane Scaccetti, Jay A Snowden, Ronald J Naples, Saul Reibstein, Timothy J Wilmott and William J Fair. View Insider Buying and Selling for Penn National Gaming.

How do I buy shares of Penn National Gaming?

Shares of PENN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Penn National Gaming's stock price today?

One share of PENN stock can currently be purchased for approximately $28.65.

How big of a company is Penn National Gaming?

Penn National Gaming has a market capitalization of $3.32 billion and generates $5.30 billion in revenue each year. The company earns $43.90 million in net income (profit) each year or $0.37 on an earnings per share basis. Penn National Gaming employs 25,750 workers across the globe.View Additional Information About Penn National Gaming.

What is Penn National Gaming's official website?

The official website for Penn National Gaming is http://www.pngaming.com/.

How can I contact Penn National Gaming?

Penn National Gaming's mailing address is 825 BERKSHIRE BLVD STE 200, WYOMISSING PA, 19610. The company can be reached via phone at 610-373-2400 or via email at [email protected]


MarketBeat Community Rating for Penn National Gaming (NASDAQ PENN)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  643 (Vote Outperform)
Underperform Votes:  501 (Vote Underperform)
Total Votes:  1,144
MarketBeat's community ratings are surveys of what our community members think about Penn National Gaming and other stocks. Vote "Outperform" if you believe PENN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PENN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/28/2020 by MarketBeat.com Staff

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